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Netflix Revamps Its Warner Bros. Bid, Seeking to Thwart Paramount
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Netflix Revamps Its Warner Bros. Bid, Seeking to Thwart Paramount

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Netflix will pay all cash for the $83 billion deal to acquire major parts of Warner Bros. Discovery, instead of a mix of cash and stock.

Netflix announced on Tuesday that it had modified its December offer to acquire major parts of Warner Bros. Discovery, a rejoinder to Paramount and its chief executive, David Ellison, who is also in hot pursuit of Warner Bros. In December, Warner Bro... [640 chars]

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Source: The New York Times

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